Eskom vs Special Investigating Unit SIU - National Treasury Budget Speech

Eskom employee, truck driver arrested for theft worth R1 million

By Siso Naile 21-07-23 08:53

An Eskom employee and a female truck driver appeared before the Kriel Magistrate’s Court on a charge of theft and fraud yesterday, Thursday, 20 July. ALSO READ: Another cash-in-transit truck bombed last night in the same vicinity WHO IS THE PAIR ACCUSED OF DEFRAUDING THE POWER UTILITY It’s alleged the pair worked together to defraud […]

Russian President will not attend BRICS Summit

President Vladimir Putin will not attend BRICS Summit in SA

By Fazila Olla 19-07-23 21:43

The Presidency has confirmed that President of the Russian Federation Vladimir Putin will not attend the 15th Summit of BRICS – however, the Russian Federation will be represented by Foreign Minister Sergey Lavrov. “By mutual agreement, President Vladimir Putin of the Russian Federation will not attend the Summit but the Russian Federation will be represented […]

Halala! DJ Sbu’s MoFaya to hit Shoprite shelves after nine years

By Marilynn Manuel 19-07-23 13:56

South African musician turned “hustler” DJ Sbu — real name Sbusiso Leope — has just become one of the country’s most inspirational people. This after he headed online to share some wonderful news with his supporters — his energy drink Mofaya will now be sold inside giant retailer Shoprite. In a heartwarming post, Sbu revealed […]

Dollars

Dollar wobbled near one-year low: Euro climbs to 17-month peak

By Mercury 18-07-23 13:51

Reuters: The dollar wobbled near an over one-year low against its major peers on Tuesday, as investors awaited fresh catalysts to gauge if the greenback has further downside in the wake of last week’s cooler-than-expected U.S. inflation report. READ MORE: Lebanon central bank governor’s properties seized U.S. DOLLAR WOBBLED NEAR A NEW LOW The U.S. […]

SA Government Notes Fitch’s SA ‘BB-’ Rating

Rating agency affirms SA debt outlook as stable

By Fazila Olla 18-07-23 11:29

Government has noted Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and maintain a stable outlook. According to Fitch, South Africa’s credit rating is constrained by low real gross domestic product (GDP) growth hampered by power shortages, high level of inequality, a high government debt-to-GDP ratio, and a […]

Data privacy: Norway threatens Meta $100,000 daily fine

By AFP 18-07-23 08:33

Norway’s data protection agency said Monday it would ban Facebook and Instagram owner Meta from using the personal information of users for targeted advertising, threatening a $100,000 daily fine if it continues. The business practices of US big tech firms are under close scrutiny across Europe over concerns about privacy, with huge fines handed out […]

Power up with BLUETTI’s innovative energy solutions

Power up with BLUETTI’s innovative energy solutions

By Fazila Olla 17-07-23 16:51

Bluetti, a leading provider of renewable energy storage solutions, is proud to announce the launch of its latest line of cutting-edge products. These innovative products provide individuals and businesses with reliable and sustainable energy storage options, empowering them to embrace a greener and more efficient future. With load-shedding a stark reality throughout winter, South Africans […]

The precarious lives of supermarket grocery delivery drivers

The precarious lives of supermarket grocery delivery drivers

By Fazila Olla 17-07-23 11:35

While many people rave about the ease and speed of supermarket food delivery services, others on social media rant about the numerous delivery motorbikes ploughing the city streets, calling them on Twitter the “new scourge of our country” and “lawless on the road”. Speedy, motorbike-based, supermarket grocery delivery services have increased dramatically since Covid. Checkers […]

3 tips on how social media can help young South Africans looking for work

Looking for work? 3 tips on how social media can help young South Africans

By Fazila Olla 14-07-23 11:42

South Africa has a growing unemployment rate. Statistics show the unemployment rate to be above 60% for those aged 15-24 and over 40% for those aged 25-34 years. Rankings from the World Bank position South Africa as having the highest unemployment rate in the world. This runaway unemployment rate not only creates precarious, limiting circumstances […]

SA Post Office retrench workers

SAPO business rescue puts 1000’s of jobs on the line

By Fazila Olla 13-07-23 11:22

The Post Office joins a string of state-owned entities by going business rescue with yet another government bailout. The South African Post Offices is going into business rescue with yet another government bailout. SAPO has received billions in bailouts over the years without turning a profit. The latest developments mean that thousands of people will lose their […]

Village Collaboration directors Cerné Couzis and Lorraine Emery (left to right) at Vergelegen wine estate in Somerset West.

Stunning Empress protea is helping change lives in Sir Lowry’s Pass

By Jenni Baxter 10-07-23 18:08

A stunning large, bright pink protea, called the Empress, is helping change lives in Sir Lowry’s Pass village. An unexpected sighting of the exquisite protea – which is normally exported abroad – led to a fundraising initiative at Vergelegen wine estate in Somerset West… and it is the income from sales of these magnificent proteas […]

Zakhele Sono

The success story of artisan Zakhele Sono

By GCIS Vuk’uzenzele 10-07-23 17:23

Zakhele Sono (36) believes that choosing to be an artisan was the best decision of his life. He believes that young people should consider artisanship as a viable career choice. Sono, from Nkomazi in Mpumalanga, holds a National Certificate in Engineering and Related Design from the Ehlanzeni Technical Vocational Education Training (TVET) College in kaMaqhekeza, Mpumalanga. ALSO […]

sa rand exchange rate

South Africans are battling with the highest interest rates in a decade

By GCIS Vuk’uzenzele 10-07-23 16:19

With the highest interest rates in a decade, many South Africans are feeling the pinch and are looking for ways of to make ends meet. ALSO READ: Rand Report: Rand finds stability as US debt deal concludes INTEREST RATES July is National Savings Month, the National Credit Regulator (NRC), an agency of the Department of Trade, Industry and Competition responsible for the […]

Proudly SA Local Wine Expo returns

Proudly SA Local Wine Expo returns

By Fazila Olla 10-07-23 11:28

The highly anticipated Proudly SA Local Wine Expo is back, and promises an unforgettable experience for all wine lovers. The expo is set to take place from Thursday, 13 July to Saturday, 15 July 2023 at the Prison Break Market in Lonehill, Johannesburg. According to Proudly South African, it will bring together about 30 South […]

Dr Kgosientsho Ramokgopa - Eskom's 10-point plan

South Africa’s generation capacity continues to show improvement

By Fazila Olla 10-07-23 11:07

South Africa’s electricity generation capacity continues to show signs of improvement and stabilisation, says Minister in the Presidency responsible for Electricity, Dr Kgosientsho Ramokgopa. This follows work done in the past two weeks. The Minister was speaking on Sunday during his weekly media briefing on progress made regarding the implementation of the Energy Action Plan. Outlining the […]

Elon musk

Elon Musk drives Tesla Cybertruck around Texas – PICTURE

By Garrin Lambley 08-07-23 19:51

South Africa-born billionaire Elon Musk has tweeted that he drove the new Tesla-produced Cybertruck around Austin, Texas. South Africa-born billionaire Elon Musk has tweeted that he drove the new Tesla-produced Cybertruck around Austin, Texas. ALSO READ: Vehicle license renewal fees EXPLAINED At the time of publishing, the post had been viewed over 42 million times. As reported by The South African website in […]

Mark Zuckerberg Elon Musk

Threads takes off as Twitter’s Musk threatens to sue Meta

By AFP 07-07-23 19:20

Twitter threatened to sue Meta just hours after the Instagram parent company launched Threads, an app it hopes will beat out the struggling site owned by Elon Musk. In a letter to Meta CEO Mark Zuckerberg, published by online news outlet Semafor on Thursday, Musk’s lawyer Alex Spiro accused the company of “unlawful misappropriation of […]

Chef’s Warehouse waitress fired for not pooling R150 tip

Chef’s Warehouse waitress fired for not pooling R150 tip

By Fazila Olla 07-07-23 11:49

A waitress, who was fired for not declaring that she had received a R150 cash tip, has failed in her Labour Court bid to challenge this. The firing of a waitress at Chef’s Warehouse for not pooling her tips has been upheld by the Johannesburg Labour Court. Judge Edwin Tlhotlhalemaje said her actions were “self-serving […]

Sasria launches document on July 2021 unrest

Sasria launches document on July 2021 unrest

By Fazila Olla 06-07-23 12:24

Two years since the events of July 2021, the South African Special Risk Insurance Association (Sasria) has launched a documentary titled The Unrest. The much-anticipated documentary tells the pivotal role played by Sasria – a public enterprise non-life insurance company – during and post the July 2021 unrest in KwaZulu-Natal and Gauteng. The documentary premiered […]

Entrepreneur revolutionises cleaning products with affordable brand

By GCIS Vuk’uzenzele 05-07-23 13:33

A Limpopo-based producer of cleaning products is on an ambitious mission to bridge the gap between affordability and quality in a market dominated by established international brands. ALSO READ: Social entrepreneurs’ diverse motivations drive venture creation Saddled by the lack of job opportunities, budding entrepreneur Lebogang Moloto became a reseller of established multinational cleaning brand products […]

Requirements for the solar panel incentive explained

Solar panel requirements and incentives explained

By Fazila Olla 05-07-23 11:09

National Treasury has outlined the basic characteristics and requirements for the solar panel incentive, which is meant to help individuals in their immediate decision-making regarding any solar installation. This follows an announcement by Finance Minister Enoch Godongwana at the tabling of the National Budget earlier this year that tax incentives would be provided to households […]

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